Annual energy bills predicted to fall by £129 in July
https://www.bbc.com/news/articles/clyn5keznpqo
Posted by Half_A_
Annual energy bills predicted to fall by £129 in July
https://www.bbc.com/news/articles/clyn5keznpqo
Posted by Half_A_
19 Comments
Can’t wait to see the comments explaining how this is actually a bad thing
Energy prices go down during the summer months, no fucking way, I can’t believe it, why ever would that be the case?????????!111!
I like how the article ends with “they’ll keep going down through October – January, honest, just trust us guys”
We still need to nationalise / part nationalise them.
The uk taxpayers must own a controlling stake.
>It predicted the energy price cap would fall again in October, followed by another drop in January 2026.
You absolutely love to see it.
Hopefully with more renewable energy coming into effect over time we’ll see them fall even lower
Seems like every time I travel there’s gradually more solar panels on roofs, I’ve been seeing people putting up solar panels on a big warehouse near me which is a welcome sight, more of this please
No way. £129 a year? I don’t know what I’ll spend it all on. Maybe the £100 rent increase a month.
Good news obviously, though in my case it is nowhere near the increase in the water bill sadly.
I mean great. I hope this prediction comes true. But Britain still has some of the highest energy costs in the developed world. Since the 1980s, utilities have been sold off to private companies, leading to a fragmented market where competition has not driven down prices. Instead, firms like Centrica (owner of British Gas) posted £2.8 billion in profits in 2023, while consumers faced soaring bills.
Private suppliers pass volatile wholesale prices onto households and prioritise shareholder dividends. Meanwhile, infrastructure investment has lagged, leaving the UK vulnerable to global price shocks.
In contrast, France has kept its main energy provider, (EDF), under majority public ownership. The French government owns 100% of EDF (as of 2023) and has injected billions of euros in support—around €9.7 billion in 2022 alone—to cap energy prices and maintain investment in nuclear energy.
That benefits both workers *and* businesses in France…
The contrast shows how public ownership, backed by state spending, can stabilise prices and protect consumers, unlike the profit-driven Thatcherite British model.
The price went up 6% in April and now it will go down 6% in July. Woopie fucking do
So about 6% drop after the rise in April. Meanwhile since March my gas and electricity price is down about 30%. Price cap just mugs those who don’t do their research on tariffs.
BUT I WANTED THEM TO GO DOWN BY £130…KIER STARMER MUST RESIGN
Next headline: energy prices expected to rise in October.
Don’t be alarmed everyone the price cap will inevitably go up again in autumn just in time for when we need the heating.
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Oh good when I use almost no energy I pay less. Well that’s great.
Only have to hundreds over summer for standing charges now to keep those dividends being paid out to shareholders.
I fully expect the reform and Greenandpleasant bots will be out celebrating this.
Now the generous fix EDF offered me makes perfect sense
When can i switch over to Great British Energy? I want to get on the cheaper plan already
This shouldn’t affect anyone. No one should be on the government/Ofgem price cap.
The market has several companies at the moment offering zero risk fixes that have no exit fees and let you save 10% of your bill compared to the price cap. These tariffs offer protection against any increases next winter which the price cap doesn’t. For those inclined, there are more options that provide higher savings in exchange for slightly higher risks: more competitive fixes (but with exit fees up to £100) and smart tariffs.
At the very least everyone should be on one of the zero risk fixes (Octopus, EDF).